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Politics & Law

With the potential to guarantee mutual trust and a verifiable route to justice, blockchain technology is a powerful tool to fix the parity within politics and law. This space will cover the technology fighting against them.

Politics & Law

Tether and Bitfinex Ask New York Attorney General for Fund Accessibility

In the latest development of an ongoing legal dispute with New York, attorneys for Bitfinex and Tether have asked for a lifting of restrictions on the stablecoin issuer’s funds.

May 15, 2019
Politics & Law

Israeli Police, FBI Apprehend Owners of Darknet Site Deep Dot Web

Two Israeli citizens have been apprehended by law enforcement based on suspicions that they developed and ran a darknet marketplace for dealing illegal goods. The Israeli police announced via Twitter that it has collaborated with the United States Federal Bureau of Investigation (FBI) to arrest two locals who they believe managed the dark web marketplace, which used […]

May 8, 2019
Politics & Law

Bitfinex, Attorney General Legal Sparring Continues With New Court Filings

Bitfinex and the New York Attorney General’s (NYAG) legal sparring in relation to $850 million in missing funds escalated with another round of court filings this past weekend.

May 6, 2019
Politics & Law

Major Darknet Marketplace Wall Street Market Shuttered by Law Enforcement

Wall Street Market, the second-largest darknet in the world in recent months, has been shut down by international law enforcement agencies, including Europol as well as U.S., German, Dutch and Romanian law enforcement.

May 3, 2019
Politics & Law

Indictments Issued for Two Individuals for Running “Shadow Banking” Operation

U.S. Attorney’s office for the Southern District of New York has charged two individuals of providing “shadow banking” services for crypto exchanges.

May 1, 2019
Politics & Law

“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General

Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.

Apr 30, 2019
Politics & Law

Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means

The New York Office of the Attorney General (AG) has opened a legal probe into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). But what exactly does this mean for the duo and for the Bitcoin industry at large?

Apr 26, 2019
Politics & Law

21-Year-Old SIM-Swapping Mastermind Is Jailed for 10 Years

A 21-year-old student who was accused of stealing over $7.5 million in digital assets via a SIM swapping operation has been sentenced to 10 years in prison.

Apr 23, 2019
Politics & Law

Mueller Report: Russia Used Bitcoin to Fund DNC Hacks

A two-year investigation into whether or not the Trump campaign colluded with Russia has found that an intelligence branch of the Russian government used bitcoin to fund cyberwarfare efforts and traced this bitcoin to a U.K. exchange.

Apr 18, 2019
Politics & Law

Winklevoss Twins Reach Settlement With Charlie Shrem

The Winklevoss twins have reached a settlement with Charlie Shrem over a lawsuit alleging that Shrem stole 5,000 bitcoin from the pair in 2012.

Apr 17, 2019
Politics & Law

Craig Wright Threatens Libel Suit In Letter to Bitcoiner, Demands Apology

In a series of legal letters shared with Bitcoin Magazine, SCA ONTIER LLP., writing on behalf of Wright, demands that Hodlonaut retract his statements and apologize, or else their client will sue him for libel.

Apr 11, 2019
Politics & Law

QuadrigaCX Starts Bankruptcy Proceedings

A court has appointed Ernst & Young as the beleaguered cryptocurrency exchange’s Trustee in Bankruptcy.

Apr 10, 2019
Politics & Law

In Fourth Report, QuadrigaCX Court Monitor Recommends Bankruptcy Proceedings

QuadrigaCX monitor Ernst & Young suspects that the exchange’s late CEO may have been financing personal expenditures with company funds. It is now recommends that assets in his estate be placed under a preservation order.

Apr 2, 2019
Politics & Law

Karpeles Beats Embezzlement Charges in Mt Gox Ruling

The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.

Mar 15, 2019
Politics & Law

QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know

Evidence — some hard, some soft — is piling up to suggest that there’s something amiss in the aftermath of the death of Gerald Cotten, CEO of Canadian cryptocurrency exchange QuadrigaCX.

Feb 25, 2019
Politics & Law

Judge Chooses Representative Counsel for QuadrigaCX Creditors

Justice Wood has given Miller Thompson and Cox & Palmer, a joint counsel of two firms, the bid to represent claimants who have lost funds to the defunct crypto exchange.

Feb 19, 2019
Politics & Law

QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust

Jennifer Robertson has been selling assets of the late Gerald Cotten’s estate, and she’s allegedly shuffled some of these assets into a trust for legal protections.

Feb 15, 2019
Politics & Law

Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors

During the session, the Honorable Justice Michael Wood heard testimonies from the four law firms that creditors have turned to for counsel as they seek recovery of funds from the troubled Canadian bitcoin exchange.

Feb 14, 2019
Politics & Law

QuadrigaCX Sent Deposits Allegedly Linked to CEO’s Widow, Mailed Withdrawals in Cash

Emails suggest that some clients of QuadrigaCX may have received deposits from entities associated with Jennifer Robertson, despite sworn claims that she had nothing to do with the exchange’s operations prior to her husband’s death.

Feb 14, 2019
Politics & Law

First QuadrigaCX Monitor Report: $460k in BTC “Inadvertently” Sent to Cold Wallet

The court document states, “On February 6, 2019, Quadriga inadvertently transferred 103 bitcoins valued at approximately $468,675 to Quadriga cold wallets which the Company is currently unable to access.”

Feb 13, 2019
Politics & Law

Hacker Gets 10 Years in First SIM-Swapping Sentencing in the U.S.

SIM swappers are known to target high-security online domains such as social media accounts, email addresses, bank accounts and cryptocurrency wallets.

Feb 5, 2019